Updated Sep 8, 2026
Owen D. Thomas Of BXP Acquires Two Office Buildings In Waltham For $30 Million
860 Winter Street & 870 Winter Street
$30,000,000
Building Size
—
Asset Type
Office
Closing
Sep 3, 2026
About this deal
AI
BXP acquired two office buildings located at 860 Winter Street and 870 Winter Street in Waltham, MA. The total sale price for both properties was $30 million, with 860 Winter Street purchased for $17 million and 870 Winter Street for $13 million.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $30,000,000
- Buyer: Owen D. Thomas
- Agency: BXP
- Address: 860 Winter Street & 870 Winter Street
- Market: Waltham, MA
This transaction involved Owen D. Thomas representing BXP in the acquisition of the properties at Bay Colony office park. The deal highlights the strategic investment in the Waltham office market, reflecting a focused effort by BXP to enhance their portfolio in the region.
Winter Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.53%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93